Richest Person in Every State

Source: Courtesy of Auburn University

1. Alabama
> Richest person: Jimmy Rane
> Est. net worth: $700 million
> Resides: Abbeville

Lumber magnate Jimmy Rane, who advertises his company Great Southern Wood Preserving by posing as his alter ego Yella Fella, recently took over as Alabama’s wealthiest person. Rane, whose net worth is estimated at $700 million, continues to live in his small hometown of Abbeville and has made it a personal mission to revitalize the town.

Source: Courtesy of JL Properties

2. Alaska
> Richest person: Jonathan Rubini and Leonard Hyde
> Est. net worth: $340 million
> Resides: Anchorage

Jonathan Rubini and Leonard Hyde are two of Alaska’s biggest names in real estate. The men share ownership of their company, JL Properties, which owns many properties in Anchorage, including the state’s tallest, the ConocoPhillips Tower.

Source: Courtesy of U-Haul Company

3. Arizona
> Richest person: Mark Shoen
> Est. net worth: $3.2 billion
> Resides: Phoenix

Mark Shoen, one of the heirs of the U-Haul empire, is the richest person in Arizona, surpassing Discount Tire founder Bruce Halle, who passed away in early January. Shoen is one of five heirs to U-Haul’s parent company, Amerco, and he owns 22% of the company.

Source: Walmart / Flickr (Wesley Hitt, Hitt Photography)

4. Arkansas
> Richest person: Jim Walton
> Est. net worth: $48.8 billion
> Resides: Bentonville

Jim Walton — the youngest son of Sam Walton, founder of Walmart — is one of the many heirs to the retail giant’s fortune. He also has a slightly larger stake in the company than the other heirs, making him the richest person in the state. Sam lives in Bentonville, the Arkansas home of the largest company in the world by revenue.

Source: Justin Sullivan / Getty Images

5. California
> Richest person: Mark Zuckerberg
> Est. net worth: $77.7 billion
> Resides: Palo Alto

California, which is home to many of the country’s tech empires, is also home to a number of hyper-rich residents, including Oracle’s Larry Ellison, Google’s Larry Page and Sergey Brin, and Tesla’s Elon Musk. However, each of their net worths is at least $20 billion short of the largest estate in the state — the one belonging to Facebook founder and CEO, 33-year-old Mark Zuckerberg.